U.S. SECURITIES AND EXCHANGE COMMISSION
                     Washington, D.C.  20549

                           FORM 10-QSB

      [  X ]     QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934

     For the quarterly period ended March 31, 2001

      [   ]     TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934

     For the transition period from     to

                Commission File Number 000-25809

                    SICLONE INDUSTRIES, INC.
     (Exact name of small business issuer as specified in its
                            charter)

            Nevada                          87-0429748
(State or other jurisdiction of      (IRS Employer Identification No.)
 incorporation or organization)


       6269 Jamestown Court, Salt Lake City,  Utah  84121
             (Address of principal executive offices)

                          801-566-6627
                   (Issuer's telephone number)

                         Not Applicable
(Former name, address and fiscal year, if changed since last report)

Check  whether the issuer (1) has filed all reports required  to
be  filed by Section 13 or 15(d) of the Exchange Act during  the
preceding 12 months (or for such shorter period that the  issuer
was required to file such reports), and (2) has been subject  to
such filing requirements for the past 90 days. Yes [ X] No [  ]

APPLICABLE  ONLY  TO ISSUERS INVOLVED IN BANKRUPTCY  PROCEEDINGS
DURING THE PRECEDING FIVE YEARS:

Check whether the registrant has filed all documents and reports
required  to  be  filed by Sections 12,  13,  or  15(d)  of  the
Exchange Act subsequent to the distribution of securities  under
a plan confirmed by a court. Yes [  ]  No  [  ]

APPLICABLE ONLY TO CORPORATE ISSUERS:

State  the number of shares outstanding of each of the  issuer's
classes  of  common  equity, as of March  31,  2001:  23,810,000
shares of common stock.


Transitional Small Business Format:  Yes [   ]  No [ X ]

<PAGE>
                           FORM 10-QSB
                    SICLONE INDUSTRIES, INC.

                              INDEX
                                                       Page
PART I.   Financial Information

          Item I.  Financial Statements (unaudited)       3

          Condensed Balance Sheets - March 31, 2001       4
          (unaudited) and December 31, 2000

          Condensed    Statements   of   Operations       5
          (unaudited)  for the Three  Months  Ended
          March  31,  2001 and 2000,  and  for  the
          Period  from November 1, 1985 (Inception)
          to March 31, 2001

          Statement    of    Stockholders    Equity       6
          (Deficit)

          Statements of Cash Flows (unaudited)  for      10
          the Three Months Ended March 31, 2001 and
          2000,  and from the Period from  November
          1, 1985 (Inception) to March 31, 2001

          Notes     to    Consolidated    Financial      11
          Statements

          Item  2.   Management's  Discussion   and	   12
          Analysis of Financial Condition

PART II.  Other Information

          Item 6.  Exhibits and Reports on Form 8-K      13

          Signatures                                     13

(Inapplicable items have been omitted)

                                    2
<PAGE>



                             PART I.
                      Financial Information

Item 1.  Financial Statements (unaudited)

In   the   opinion  of  management,  the  accompanying  unaudited
financial  statements included in this Form  10-QSB  reflect  all
adjustments  (consisting  only  of  normal  recurring   accruals)
necessary  for  a fair presentation of the results of  operations
for  the  periods presented.  The results of operations  for  the
periods  presented are not necessarily indicative of the  results
to be expected for the full year.

                                   3
<PAGE>
                    SICLONE INDUSTRIES, INC.
                  (A Development Stage Company)
                         Balance Sheets


                             ASSETS

                                          March 31,     December 31,
                                            2001           2000
                                         (Unaudited)
CURRENT ASSETS

  Cash                                        $   647      $  740

     Total Current Assets                         647         740

     TOTAL  ASSETS                            $   647      $  740


         LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)

CURRENT LIABILITIES

  Accounts payable                           $  1,665    $  1,093
  Accounts payable - related party (Note 2)    11,200      10,200

      Total Liabilities                        12,865      11,293

STOCKHOLDERS' EQUITY (DEFICIT)

  Preferred stock: 5,000,000 shares authorized
  at $0.001 par value; -0- shares issued
  and outstanding        				    -          -
  Common stock: 30,000,000 shares authorized
   at $0.001 par value; 23,810,000 shares
   issued and outstanding                      23,810     23,810
  Additional paid-in capital                  583,693    583,693
  Deficit accumulated during the
   development stage   				   (619,721)  (618,056)

     Total Stockholders' Equity (Deficit)     (12,218)   (10,553)

     TOTAL LIABILITIES AND STOCKHOLDERS'
       EQUITY (DEFICIT)                    $      647   $    740

                                     4
<PAGE>

                    SICLONE INDUSTRIES, INC.
                  (A Development Stage Company)
                    Statements of Operations
                           (Unaudited)

                                                            From
                                                         Inception on
                                                         November 1,
                            For the Three Months Ended   1985 through
                                      March 31,            March 31,
                                 2001           2000        2001

REVENUES                    $       -        $      -    $         -

EXPENSES                       (1,665)         (1,630)       (24,218)

LOSS FROM DISCONTINUED
 OPERATIONS                         -               -       (595,503)

NET LOSS                    $  (1,665)       $ (1,630)   $  (619,721)

BASIC LOSS PER SHARE        $   (0.00)      $   (0.00)


                                     5
<PAGE>
                    SICLONE INDUSTRIES, INC.
                  (A Development Stage Company)
          Statements of Stockholders' Equity (Deficit)
<TABLE>
<CAPTION>
                                                                       Deficit
										         Accumulated
                                                      Additional      During the
                                     Common Stock       Paid-in      Development
                                 Shares        Amount   Capital         Stage
<S>                          <C>           <C>        <C>           <C>
Balance,
 November 1, 1985                       -  $      -   $       -     $        -

Issuance of 500,000 shares
 of common stock to Officers
 and Directors for cash on
 November 1, 1985 at
 $0.02 per share                 500,000        500       9,500              -

Cancellation of 140,000
 shares on February 7, 1986     (140,000)      (140)        140              -

Cancellation of 300,000 shares
 on October 1, 1986             (300,000)      (300)        300              -

Issuance of 1,000,000 shares
 of common stock to the public
 offered March 26, 1986 at
 $0.10 per share               1,000,000      1,000      99,000              -

Deferred offering costs
 offset against additional
 paid-in capital                       -          -     (18,678)             -

Issuance of 10,700,000
 shares of common stock
 October 10, 1986 at $0.05
 per share                    10,700,000     10,700     483,251

Issuance of 50,000 shares
 for promotional services at
 $0.001 per share                 50,000        50            -              -

Accumulated losses from
 formation on November 1, 1985
 through December 31, 1987             -         -            -       (502,196)

Balance,
 December 31, 1987            11,810,000  $ 11,810   $  573,513  $    (502,196)
</TABLE>
                                     6
<PAGE>

                    SICLONE INDUSTRIES, INC.
                  (A Development Stage Company)
    Statements of Stockholders' Equity (Deficit) (Continued)
<TABLE>
<CAPTION>
											     	   Deficit
                                                                       Accumulated
                                                         Additional     During the
                                     Common Stock        Paid-in       Development

<S> 					<C>		  <C>          <C>            <C>
Balance,
 December 31, 1987     		11,810,000    $  11,810    $ 573,513      $  (502,196)

Net loss for the year ended
  December 31, 1988      		   -            -            -          (92,783)

Balance,
  December 31, 1988           11,810,000       11,810      573,513         (594,979)

Cash contributed to additional
 paid-in capital         		   -      	    -       10,180                -

Net loss for the year ended
  December 31, 1989       		   -            -            -             (524)

Balance,
  December 31, 1989           11,810,000       11,810      583,693         (595,503)

Net loss for the year ended
  December 31, 1990      		   -            -            -                -

Balance,
  December 31, 1990           11,810           11,810      583,693         (595,503)

Net loss for the year ended
  December 31, 1991       	     -                -            -             (758)

Balance,
  December 31, 1991       11,810,000        $  11,810    $ 583,693      $   (596,261)

</TABLE>
                                    7
<PAGE>
                    SICLONE INDUSTRIES, INC.
                  (A Development Stage Company)
    Statements of Stockholders' Equity (Deficit) (Continued)

<TABLE>
<CAPTION>
												   Deficit
                                                             	     Accumulated
                                                         Additional	During the
                                  Common Stock           Paid-in        Development
<S>					   <C>	     <C>	      <C>		  <C>
Balance,
 December 31, 1991     		   11,810,000    $  11,810    $ 583,693      $   596,261)

Net loss for the year ended
  December 31, 1992      		      -            -            -             (651)

Balance,
  December 31, 1992              11,810,000       11,810      583,693          (596,912)

Issuance of 1,000,000 shares
 of common stock to officer for
 cash June 7, 1993 at $0.001
 per share                        1,000,000        1,000            -                 -

Net loss for the year ended
  December 31, 1993                       -            -            -            (2,513)

Balance,
 December 31, 1993               12,810,000       12,810      583,693          (599,425)

Net loss for the year ended
 December 31, 1994       		      -            -            -                 -

Balance,
 December 31, 1994               12,810,000       12,810      583,693          (599,425)

Issuance of 11,000,000 shares
 of common stock to officer for
 cash at $0.001 per share        11,000,000       11,000            -                 -

Net loss for the year ended
 December 31, 1995       		      -            -            -  		     (438)

Balance,
 December 31, 1995               23,810,000    $  23,810    $ 583,693      $   (599,863)

</TABLE>
                                    8
<PAGE>


                    SICLONE INDUSTRIES, INC.
                  (A Development Stage Company)
    Statements of Stockholders' Equity (Deficit) (Continued)
<TABLE>
<CAPTION>

												    Deficit
                                                                          Accumulated
                                                             Additional    During the
                                  Common Stock               Paid-in      Development
<S>				        <C>		    <C>	    <C>	     <C>
Balance,
 December 31, 1995    	        23,810,000    $  23,810   $   583,693  $    (599,863)

Net loss for the year ended
 December 31, 1996        		     -           -              -         (1,256)

Balance,
 December 31, 1996              23,810,000      23,810         583,693      (601,119)

Net loss for the year ended
 December 31, 1997        	           -           -               -        (1,373)

Balance,
 December 31, 1997              23,810,000      23,810         583,693      (602,492)

Net loss for the year ended
 December 31, 1998                       -           -               -          (770)

Balance,
 December 31, 1998              23,810,000      23,810         583,693      (603,262)

Net loss for the year ended
 December 31, 1999       		     -           -               -        (9,343)

Balance,
 December 31, 1999     	        23,810,000      23,810         583,693      (612,605)

Net loss for the year ended
 December 31, 2000        		     -           -               -        (5,451)

Balance, December 31, 2000      23,810,000	  23,810         583,693      (618,056)

Net loss for the three months
 ended March 31, 2001
 (unaudited)                             -           -               -        (1,665)

Balance, March 31, 2001
 (unaudited)                    23,810,000   $  23,810      $  583,693    $  619,721)

</TABLE>
                                     9
<PAGE>
                    SICLONE INDUSTRIES, INC.
                  (A Development Stage Company)
                    Statements of Cash Flows
                           (Unaudited)
<TABLE>
<CAPTION>
                                                                      		   From
                                                              	           Inception on
                                                              		      November 1,
                            		         For the Three Months Ended      1985 through
                                     	             March 31,               March 31,
                            			          2001       2000		   2001
OPERATING ACTIVITIES:
<S>						           <C>          <C>			<C>
  Net loss                                     $   (1,665)  $   (1,630)  	$  (619,721)
  Adjustments to reconcile net loss to net
   cash (used) by operating activities:
    Shares issued for services              	        -             -                 50
  Changes in operating assets and liabilities:
    Increase in accounts payable and
     accounts payable - related party               1,572         1,820             12,865

   Net Cash Provided (Used) by
     Operating Activities                             (93)          190           (606,806)

INVESTING ACTIVITIES:                                   -             -                  -
FINANCING ACTIVITIES:

  Additional capital contributed                        -             -             10,180
  Stock offering costs                                  -             -            (18,678)
  Issuance of common stock                 	        -             -            615,951

     Net Cash Provided by
       Financing Activities                             -             -            607,453

INCREASE (DECREASE) IN CASH AND
  CASH EQUIVALENTS                                    (93)          190                647
CASH AT BEGINNING OF PERIOD        		            740           178                  -

CASH AT END OF PERIOD                          $      647   $       368        $       647

CASH PAID FOR
  Interest                  		           $       -    $         -        $         -
  Income taxes             		           $       -    $         -        $         -
</TABLE>

                                   10
<PAGE>
                    SICLONE INDUSTRIES, INC.
                  (A Development Stage Company)
                Notes to the Financial Statements
              March 31, 2001 and December 31, 2000

NOTE 1 -  BASIS OF FINANCIAL STATEMENT PRESENTATION

       The accompanying unaudited condensed consolidated
       financial statements have been prepared by the Company
       pursuant to the rules and regulations of the Securities
       and Exchange Commission.  Certain information and
       footnote disclosures normally included in financial
       statements prepared in accordance with generally accepted
       accounting principles have been condensed or omitted in
       accordance with such rules and regulations.  The
       information furnished in the interim condensed
       consolidated financial statements include normal
       recurring adjustments and reflects all adjustments,
       which, in the opinion of management, are necessary for a
       fair presentation of such financial statements.  Although
       management believes the disclosures and information
       presented are adequate to make the information not
       misleading, it is suggested that these interim condensed
       consolidated financial statements be read in conjunction
       with the Company's most recent audited financial
       statements and notes thereto included in its December 31,
       2000 Annual Report on Form 10-KSB.  Operating results for
       the three months ended March 31, 2001 are not necessarily
       indicative of the results that may be expected for the
       year ending December 31, 2001.

NOTE 2 -  GOING CONCERN

       The Company's financial statements are prepared using
       generally accepted accounting principles applicable to a
       going concern which contemplates the realization of
       assets and liquidation of liabilities in the normal
       course of business.  However, the Company has little cash
       and has experienced losses from inception.  Without
       realization of additional adequate financing, it would be
       unlikely for the Company to pursue and realize its
       objectives.  The Company intends to seek a merger with an
       existing operating company.  In the interim, an officer
       of the Company has committed to meeting its operating
       expenses.

                                 11
<PAGE>



        Item 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF
             FINANCIAL CONDITION OR PLAN OF OPERATION

Forward-Looking Statement Notice

When  used  in  this  report, the words "may," "will,"  "expect,"
"anticipate,"  "continue," "estimate," "project,"  "intend,"  and
similar  expressions  are  intended to  identify  forward-looking
statements  within the meaning of Section 27a of  the  Securities
Act  of  1933 and Section 21e of the Securities Exchange  Act  of
1934 regarding events, conditions, and financial trends that  may
affect   the  Company's  future  plans  of  operations,  business
strategy,  operating  results, and financial  position.   Persons
reviewing  this  report  are cautioned that  any  forward-looking
statements  are  not  guarantees of future  performance  and  are
subject  to  risks and uncertainties and that actual results  may
differ  materially from those included within the forward-looking
statements  as  a  result of various factors.  Such  factors  are
discussed  under  the  "Item  6.   Management's  Discussion   and
Analysis of Financial Condition or Plan of Operations," and  also
include general economic factors and conditions that may directly
or indirectly impact the Company's financial condition or results
of operations.

Three Month periods Ended March 31, 2000 and 1999

The  Company  had no revenue from continuing operations  for  the
three-month periods ended March 31, 2001 and 2000.

General  and administrative expenses for the three month  periods
ended  March  31,  2001 and 2000, consisted of general  corporate
administration, legal and professional expenses,  and  accounting
and  auditing costs.  These expenses were $1,665 and  $1,630  for
the   three-month  periods  ended  March  31,  2001   and   2000,
respectively.

As  a result of the foregoing factors, the Company realized a net
loss  of  $1,665 for the three months ended March  31,  2001,  as
compared to a net loss of $1,630 for the same period in 2000.

Liquidity and Capital Resources

At March 31, 2001, the Company had $647 in cash compared to $740
in cash for the same period in 2000.  Current liabilities are
$12,865 for the period ending March 31, 2001 compared to $11,293
for the same period in 2000.

Management believes that the Company has sufficient cash and
short-term investments to meet the anticipated needs of the
Company's operations through at least the next 12 months.
However, there can be no assurances to that effect, as the
Company has no significant revenues and the Company's need for
capital may change dramatically if it acquires an interest in a
business opportunity during that period.  The Company may accept
loans from officers, seek equity financing or other debt
financing arrangements if necessary.  The Company's current
operating plan is to (i) handle the administrative and reporting
requirements of a pubic company, and (ii) search for potential
businesses, products, technologies and companies for acquisition.
At present, the Company has no understandings, commitments or
agreements with respect to the acquisition of any business
venture, and there can be no assurance that the Company will
identify a business venture suitable for acquisition I the
future.  Further, there can be no assurance that the Company
would be successful in consummating any acquisition on favorable
terms or that it will be able to profitably manage any business
venture it acquires.

                                12
<PAGE>



                         PART II.  OTHER INFORMATION

Item 6.  Exhibits and Reports on Form 8-K.

Reports on Form 8-K:  No reports on Form 8-K were filed by the
Company during the quarter ended March 31, 2001.

Exhibits:  None

                         SIGNATURES

In accordance with the Exchange Act, the registrant caused this
report to be signed on its behalf by the undersigned thereunto
duly authorized.

                              SICLONE INDUSTRIES, INC.


Date: May 15, 2001            By:/s/ Bradley S. Shepherd,
                              President, Secretary and Treasurer


                                    13
<PAGE>